In January 2023, Germany's real new orders in manufacturing increased by 1.0 per cent on a seasonally and calendar adjusted basis, with a larger increase of 2.9 per cent when excluding large-scale orders.

However, compared to the previous year, new orders decreased by 10.9 per cent on a calendar-adjusted basis. Domestic orders decreased by 5.3 per cent compared to the previous month, while foreign orders increased by 5.5 per cent, with orders from the euro area decreasing by 2.9 per cent and orders from the rest of the world increasing by 11.2 per cent.

The intermediate goods sector saw a significant decrease in orders by 8.9 per cent compared to the previous month, while new orders in the consumer goods sector declined by 5.5 per cent. Revised provisional figures showed that new orders were 3.4 per cent higher in December 2022 than in November 2022.

Real turnover in manufacturing increased by 0.2 per cent in January 2023 compared to December 2022, after seasonal and calendar adjustment. However, a revision of provisional figures revealed a decrease of 1.5 per cent in December 2022 compared to November 2022. In January 2023, the calendar-adjusted turnover was 0.4 per cent lower than in January 2022.

Overall, the figures suggest mixed trends for the manufacturing sector in Germany, with some sectors and foreign orders showing growth while others experienced declines.